9/17/2008

Warran Buffet-Proverbs

Here are few proverbs from who is regarded as one of the world's greatest stock market investors and often called the "Oracle of Omaha". The man who taught the investment world 'value investing' philosophy. And also showed us probably the simplest way to become rich by trading in good value stocks & earning profits like no one can...

* The stock market is a device for transferring money from the impatient to the patient. - Warren Buffett.

* The first rule is not to lose. The second rule is not to forget the first rule. - Warren Buffett.

* I never attempt to make money on the stock market. I buy on the assumption that they could close the market the next day and not reopen it for five years. - Warren Buffett.

* Price is what you pay. Value is what you get. - Warren Buffett.

* It's far better to buy a wonderful company at a fair price than a fair company at a wonderful price. - Warren Buffett.

* I always knew I was going to be rich. I don't think I ever doubted it for a minute. - Warren Buffett.

* Our favourite holding period is forever. - Warren Buffett.

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